It's illegal for US firms to invest in Sudan. But foreign companies still do business there despite the killing of hundreds of thousands of people. Now, American investors in those foreign companies are starting to pull their money out. Today, the University of California is expected to do just that. Alisa Roth reports.
The United Arab Emirates is considering shifting 10% of the country's foreign exchange holdings from US dollars into euros, twice as much as previously planned. Alisa Roth reports on whether investors should be concerned.
Posted In: Economy, Wall Street
The Labor Department releases its February job statistics today and economists expect them to show the economy created nearly a quarter million new jobs. But Alisa Roth tells us what's good news for job seekers might be bad news for Wall Street.
It's been largely a bore so far, but the Enron trial is likely to get a lot more interesting this week, with expected testimony from ex-CFO Andrew Fastow on alleged accounting shenanigans at the collapsed energy giant. Alisa Roth reports.
Today a British judge will rule on the sale of a British Company to DP World, the Dubai-based firm that wants to take over operational control of six US ports. A Miami company asked the British judge to halt the deal, but the port company isn't the only one drawing attention from the Bush Administration these days. Alisa Roth reports.
During his visit to the sub-continent, President Bush is hoping to sell India on the idea of buying civil nuclear technology from US manufacturers. India is the world's second youngest nuclear country. Alisa Roth reports.
Even though three paint companies were spared punitive damages in a liability case involving lead-based paint in Rhode Island, the companies could still be on the hook for billions of dollars in cleanup costs. Alisa Roth reports.